By Ross Wilkers
Dec 15, 2020
Mergers of equals are rare events in the government technology market, but Octo and Sevatec are breaking the mold Tuesday in announcing their deal to combine and create a larger middle-tier federal IT player.
Worth pointing out at the outset is both companies could highlight successes in their own journey on that path.
Reston, Virginia-based Octo scored in the national security and health domains, while Fairfax-headquartered Sevatec created a footprint with NatSec too and civilian clients like the Homeland Security Department and General Services Administration.
Some of those wins were a case of head-to-head victories. In a joint interview with his Sevatec counterpart, Octo founder and CEO Mehul Sanghani said Sevatec even “consistently beat us on a few opportunities at joint customers” such as GSA.